How to Buy a Vacation Rental Property and Turn a Profit: Resources, Tools, and Tips

Ray Flynn • December 1, 2020

How to Buy a Vacation Rental

buying a vacation home
These days it seems like everyone is either buying or renting vacation homes. Vacation properties provide travelers with amenities that help them feel more at home than staying in a hotel room, but vacation properties can also provide owners with a serious source of income. Better yet, earning that income doesn’t have to require a huge amount of effort, so long as potential investors use the following resources to ensure maximum ROI on their rentals.

Finding and Financing a Vacation Rental Property 

Budget and location can also be deciding factors when purchasing a vacation rental property. Here are some resources that can help owners make the best decisions for them.

 

Researching a Vacation Rental Neighborhood: 11 Things to Consider

The 25 Best Places to Buy a Vacation Home in the US, Ranked

5 Tips on How to Find Investment Properties

Can Airbnb Hosting Make Homeownership More Affordable? 7 Steps to Success

How to Invest in Short-Term Rentals

Upgrading and Improving a Vacation Rental Property

There really are a lot of vacation homes on the market, which means owners may need to put a little work in upfront to spruce up their properties and help them stand out from the competition.

 

The 7 Best Renovations For Your Rental Property

The Top 10 Things Guests Want in an Airbnb

What You Need to Know About Tax Deductible Improvements

Small Decorating Ideas for Boosting Your Vacation Rental Value

Find Deals on Decor at Stores Like Target

Managing a Short-Term Rental Property

Vacation or short-term rental property owners also need to worry about getting travelers into their homes and keeping them happy, which is where these links can come in handy.

 

Work with Local Management Firm S&P Properties

Airbnb vs. VRBO: Which Is Better for Hosts?

Top 10 Airbnb Competitors and Alternatives

Long-Distance Rental Property: 8 Ways to Oversee Vacation Rentals

How to Get Vacation Rental Reviews for Higher BookingsNew Paragraph

Maintaining and Securing a Vacation Rental Property

A short-term rental property is a major investment, which is why property owners should take the necessary steps to protect that investment by securing and maintaining their rental homes.

 

The Ultimate Guide to Rental Property Maintenance

The Definitive List of Smart Locks and Keyless Entry Providers

Can I Put Cameras in My Vacation Rental?

 

Owning a rental is a great way to supplement your income or even make owning a vacation home more affordable. With the right tools and resources at your disposal, you can take the leap into vacation rental ownership without as much hassle and maybe even more profit!

 

Photo Credit: Unsplash

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